Linking a Standard Bank account to PayPal in South Africa
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I am unable to withdraw funds from my PayPal account into my South African Standard Bank account. Specifically, the problem seems to hinge on the routing code that appears to be non-existent for Standard Bank, they keep referring me to either the SWIFT code or branch code, neither of which match the nine-digit routing code that is required.
Checking online, it appears that FNB is the only South African bank that you can link to PayPal and withdraw funds into? Is that correct?
What can we do then as non-FNB Account holders, how can we possibly withdraw funds from PayPal?
Thanks
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From paypals help pages...............
How can I transfer funds from my PayPal account to my bank account in South Africa?
Transferring funds from your PayPal account directly to your eligible First National Bank of South Africa (ETF) bank account is easy and secure.
To transfer funds, you must first link your PayPal account to your bank account.
To link your PayPal account to your ETF account, follow these steps:
Log in to your FNB account at www.fnb.co.za.
Click on PayPal Services and then on Link PayPal Profile.
Follow the instructions to link your accounts. You will need to sign in to your PayPal account to confirm that you are the account holder.
After linking your PayPal account to your ETF account, follow these steps to transfer funds to your ETF bank account from your PayPal account:
Log in to your FNB account at www.fnb.co.za.
Click on PayPal Services and then on Withdraw from PayPal.
Enter the transfer amount in USD dollars. (Please check that your PayPal balance is sufficient to make the transfer.)
Follow the instructions to confirm the exchange rate, the Rand amount you will receive, and the Transaction Terms and Conditions.
You will be directed to PayPal to sign in and verify the amount you are transferring to your ETF account.
Then you will be redirected to the FNB site. Your funds will be transferred to your bank account within 3 to 6 business days.
Advice is voluntary.
Kudos / Solution appreciated.

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